WY-01-01 / 05
What Charts Can Tell Us
First Principles
Sam Rivera
Lesson / WY-01-01
Charts show executed prices, volume, and their sequence over time, and allow comparison of how easily price moves in a given direction. For example, successive declines extending progressively less below the previous low show weakening downward progress across those attempts. A brief move above resistance followed by a rapid return shows that acceptance above resistance has not yet developed. These observations require subsequent conditions: a rally through a local high strengthens the case for further weakening supply, while another high-volume break of support shows that the weakening did not persist. A later decline changes the judgment about future persistence; it does not alter the fact that the earlier incremental distances had shortened.
The course video is not yet available. This interface demo uses a separate MT animation, not the lesson video.
Read the Chapter ↗Demo timestamps
8 lessons · Chapter contents
01Price, Volume, Time, and Market Behavior↗02From Pattern Names to Market Analysis↗03The Method’s Knowledge Structure↗04Observation, Interpretation, Expectation, and Decision↗05What Charts Can Tell Us↗06Data Sources and Chart Settings↗07Where Analysis Begins and How Timeframes Work Together↗08An Initial Comparison with ICT, SMC, and Price Action↗The course transcript will be available with the finished video. The captions below belong to the interface demo.
Observe the market: start with context and place price within its structure.
Understand structure: compare supply and demand, and let evidence support or revise your hypothesis.
Form a view: define risk limits and know when to reassess.
No matching captions.
The Composite Operator Model and Strategic Interaction in Trading
The Law of Supply and Demand: Understanding Price Changes
